Archive for the ‘New Posts’ Category

I can’t turn around without seeing or hearing people worrying more about the next recession. Google Trends: Web search for “next recession” My peeps at the Indicator have a nice podcast on the topic. The WSJ points out that more than half of economists they surveyed expect a downturn by 2020, which, in case you… Read more

There’s a deservedly nice bit of buzz about a new paper by tony economist Olivier Blanchard. My WaPo piece today takes you through the argument, along with a heavy dose of my own interpretation, one familiar to OTE readers. “The key points are disarmingly simple, and they’re ones I have written about before in this column. Part one… Read more

I recently spoke to members of Congress and referenced a number of pieces. Here are the links to those pieces. What are some ideas for lowering the growth of health costs? See the section starting on pg. 11 of this testimony. On our lack of investment in quality, affordable pre-K, and how we’re an international… Read more

Well, it appears that the US jobs market didn’t get the memo that a recession is just around the corner. Payrolls rose a very strong 312,000 in December, bringing the full count of jobs added for 2018 up to 2.6 million, the strongest year for job gains since 2015. Unemployment ticked up to 3.9 percent,… Read more

I testified today before the House Financial Services Committee at a hearing the Republicans called “The perils of ignoring the national debt.” As I tweeted earlier today, the hearing was delayed a hour because the R’s went off to vote on a tax cut adding another $100 billion to the 10-year debt. That bill is… Read more

Jared Bernstein's areas of expertise include federal and state economic and fiscal policies, income inequality and mobility, trends in employment and earnings, international comparisons, and the analysis of financial and housing markets.